WPP has laid off 300 employees across 1 rounds since 2026.
300
Total Laid Off
1
Rounds
Advertising & Marketing
Industry
Jul 2026
Most Recent
July 13, 2026
300 employees
The advertising holding giant began notifying about 300 staff on July 13 — roughly 1% of its global workforce, hitting agencies including VML and back-office functions — under CEO Cindy Rose's 'Elevate28' overhaul targeting £500M in annual savings by 2028. The plan collapses WPP from a holding company into a single firm with four units (Media, Creative, Production, Enterprise Solutions) wired to its AI platform WPP Open, and follows ~4,000 cuts over the prior year as ad holdcos restructure around generative AI.